The gold ETF GLD could surprise on the upside this year.
Let's take a look at the charts and indicators.
The charts show AEM is strong and positioned to head higher.
The logical short-term rally endpoint for gold and the miners is the Fed rate announcement.
Both names receive quant upgrades and have strong charts.
Now that the numbers are actually hitting, it's difficult to place faith in possible lower interest rates to offset for poor growth.
The market remains muted on the news, with bad headlines leading to dip-buying and good news failing to produce protracted momentum.
These mining names look attractive at this juncture. But do your homework.
Now the focus is on how many more cuts will follow.
Here's another reason to be a buyer.